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Algorithm statistics

Algorithm statistics contain the main results of its signals: profit, ROI, hit rate, average coefficient, win and loss series and maximum drawdown. The data can be viewed for different periods and separately by matches and leagues.

Main metrics

  • Profit shows the overall financial result, while ROI shows its relation to turnover.
  • Hit rate shows the share of winning signals, while the average coefficient helps to assess the required frequency of wins.
  • Series and maximum drawdown help to assess possible periods of unsuccessful results.
  • Recent signals show the latest triggers of the algorithm and the results of the selected predictions.

Period selection

Results for 30 days may differ noticeably from statistics for 90 days or for all time. A short period better reflects recent results but depends more strongly on random fluctuations. A long period contains more data, however it may include matches from different market conditions.

Statistics by matches and leagues

On the “Matches” tab you can view each signal separately and check the reasons for its appearance. The “Leagues” tab combines results by tournaments and helps to compare the algorithm’s performance in different championships.

Related terms

  • ROI ROI shows the efficiency of a strategy — how much profit it generates relative to the total stake amount. Formula: ROI = (Profit / Turnover) × 100%. The metric allows comparison of strategies with different stake sizes and turnover.
  • Passability Hit rate shows the share of winning signals. For example, if 120 out of 200 settled bets won, the hit rate is 60%. The metric should be evaluated together with the coefficients: a high hit rate does not always mean a profit.
  • Leagues In BetLab leagues are used for setting up and analysing algorithms. The user can save the required tournaments in a separate list, apply it in different algorithms and view signal statistics for each league.
  • Algorithm An algorithm is a set of conditions by which BetLab automatically selects matches and creates signals. The system monitors the course of games, checks the specified parameters and saves the results of triggered signals in the statistics.

All glossary terms